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Thread: Duo Residences,99LH, M+S Pte Ltd [Ophir-Rochor]

  1. #901
    Join Date
    Nov 2015
    Duo Residences


    Plenty of letters from agents prospecting, none from M+S. Is that a good sign?

  2. #902

  3. #903


    Private group. Unable to access.

    Please dont share link which require permission to view.

  4. #904
    Join Date
    Nov 2015
    Duo Residences


    First F&B to be opened at Duo Galleria. The rest are still empty lots.
    Walked past it this afternoon and it looks almost done. Probably end of June to open.

    Still tapping my fingers on the keys. Hurry up leh.

  5. #905


    Quote Originally Posted by mike_hengtk View Post
    Rental Guide Price

    Studio : $3.5k
    1 Bedroom : $3.8k
    2 Bedroom : $4.5k
    3 Bedroom : $6k
    4 Bedroom : $9K

    Mike Heng
    (M) 9274 1350
    Edmund Tie & Company Property Network Pte Ltd
    Estate Agent License: L3007960A
    Reg Number: R044169H
    Address: 480 Lorong 6 Toa Payoh #14-08 HDB Hub (East Wing) Singapore 310480
    If you intend to buy a property after seeing it, then the question is “how much should I pay for it?”.

    If you ask the property agent, he will say “the last transaction is $1.2 mil etc blah blah, meaning he has probably no better idea than you”.

    A property valuer will also largely depend on the recent transactions using mark-to-market approach, although he will take into account other factors. For new launch, it is notorious that the bank valuer’s pricing IS the developer's pricing.

    In other words, the property valuation as done in Singapore, it is mainly for one purpose which is bank financing. The valuation report should not be relied upon to price a property purchase.

    So how does a buyer know that the recent transactions are accurate or reliable? And can a seller depends on these transactions to set his asking price?

    And, what should be your pricing model?

    There are two methods that can be used to price a property; the Income Method and the Cost Method.

    Let's start with the simpler Income Method.

    Based on the rental guidance provided above, what are the prices for buyers should offer when buying Duo Residences?

    I will let the forum to find its way.

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